# NEXCAP-led investor group acquires controlling interest in Gecko Alliance Group

A group of investors led by NEXCAP Partners, including Desjardins Capital, Fonds de Solidarité FTQ and Fondaction, has acquired a controlling interest in Quebec-based spa equipment maker Gecko Alliance Group. Co-founders remain shareholders and Georges Marchildon was named CEO.

- Type: Acquisition
- Announced: 2022-07-28
- Where: Quebec, Canada
- Status: completed
- Products: spa control systems, keyboards, pumps, spa accessories
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Fonds de solidarité FTQ](https://endata.com/companies/323.md) (investor)
- [NEXCAP Partners](https://endata.com/companies/9525.md) (investor)
- [Desjardins Capital](https://endata.com/companies/9526.md) (investor)
- [Fondaction](https://endata.com/companies/9527.md) (investor)
- [Gecko Alliance Group](https://endata.com/companies/9528.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/a-group-of-investors-led-by-nexcap-partners-acquires-a-controlling-interest-in-gecko-alliance-group-819471278.html), 2022-07-28: "A group of investors composed of Desjardins Capital, the Fonds de Solidarité FTQ, Fondaction, and NEXCAP, led by NEXCAP Partners, has acquired a controlling interest in the Gecko Alliance Group."
- [canadianmanufacturing.com](https://www.canadianmanufacturing.com/manufacturing/investors-acquire-controlling-interest-in-gecko-alliance-group-283932/), 2022-07-29: "A group of investors composed of Desjardins Capital, the Fonds de Solidarité FTQ, Fondaction, and NEXCAP, led by NEXCAP Partners, has acquired a controlling interest in the Gecko Alliance Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.